There are many myths and misconceptions surrounding slot machines in casinos.
Let´s look at and address some of the most common ones:
“Hot Slots” and Cold Machines
Some people believe that certain slot machines are more likely to pay out than others, and will try to find “hot” machines that are on a winning streak, or avoid “cold” machines that haven’t paid out recently.
American slot machines are designed to be random, so the outcome of each spin is completely independent of any previous spins.
Loose and tight machines
Some people believe that certain casinos have “loose” slot machines that pay out more often, or “tight” machines that pay out less often. However, this is not true.
Slot machines are regulated by state gaming commissions, which ensure that they are fair and operate within certain payout limits.
Bear in mind that casino managers cannot simply walk onto the floor and change the return to player percentages on their games – first they need to get permission from the state gaming board.
Near misses and almost wins
Some people believe that when a slot machine shows a combination of symbols that is very close to a winning combination, it is more likely to pay out on the next spin. However, this is not true. Slot machines are designed to be random, so the outcome of each spin is not affected by any previous spins (just like in roulette!).
Near misses are actually a design feature in many slots. In fact they are even patented (see “A method of implementing a near-miss game outcome on a gaming device“)
Due for a win
Some people believe that if a slot machine hasn’t paid out in a while, it is “due” for a win and is more likely to pay out on the next spin. However, this is not true. Slot machines are designed to be random, so the outcome of each spin is completely independent of any previous spins.
Playing longer increases your chances of winning
Some people believe that if they play a slot machine for a long time, they are more likely to win. However, this is not true. Slot machines are designed to be random, so the outcome of each spin is completely independent of the length of time that the machine has been played.
There are some slots that must pay out when a specific time or progressive jackpot amount is reached, but that is generally not the case unless otherwise indicated on the machine.